Tag Archives: retirement

Although the U.S. economy is strong and the stock market continues to rise, most employees are worried about the future. Purchasing Power, a specialty e-retailer for organizations, reports that 87 percent of full-time employees or their spouses are stressed about their finances — with insufficient retirement savings near the top of the list. MassMutual, a…

We are excited to announce that our recently launched video, USI: A Disrupter in the Insurance Marketplace is now available for viewing at http://www.changingtheindustry.com. Current and prospective clients are encouraged to see how together as ONE, USI Insurance Services is changing the brokerage and consulting marketplace by leveraging the USI ONE Advantage®. The Disrupter video is another tool…

Once you establish a 401(k) retirement plan for your employees, you might think your work is done. However, despite your retirement plan carrier’s best efforts to educate employees on how to make good investment decisions, many employees do not have appropriately diversified portfolios. One way to improve their retirement plan returns is to move all…

More than half of working age Americans risk facing a lower standard of living during retirement, a new study by the Center for Retirement Research at Boston College found. But even more surprising, many people believe they’re on track for a secure retirement when in fact they aren’t. Conversely, many who are doing well are…

Have you or your employees saved enough for retirement? The Internal Revenue Service (IRS) says an individual could easily spend 30 years or more in retirement, and to retire comfortably could need up to 80 percent of their annual income. Unfortunately, a recent CNN Money report found that nearly half of those surveyed had only…

As more employers moved workers from pension to 401(k) plans between 1992 and 2010, total retirement wealth stayed flat. Not surprisingly, the highest retirement savings are concentrated among those with greater education, according to a study by the Center for Retirement Research at Boston College. The study found the mean retirement wealth for households ages…

Ah, retirement: The reward for a lifetime of hard work and savings. That’s the American dream, but the reality is 58 percent of American workers now expect to retire after age 65 or not at all, a new Transamerica Center for Retirement Studies’ report found. Many cite reasons related to income and benefits. “Most plan…